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Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Bullboard Posts
Post by Sonofmshadeon Apr 28, 2016 7:41am
287 Views
Post# 24818981

Positive impact of last 2-3 months alone

Positive impact of last 2-3 months aloneWith increase in Cdn dollar,
Roughly debt reduction of close to $200 million
Jan 904 million US @ 1.42 = 1338 million Cdn
April 904 million US @ 1.22 = 1149 million Cdn

price of oil from 26 to 45 

Huge changes quickly. Price of oil is around the same as when they did the last credit revaluation so hopefully they will leave it at its current level.

Bullboard Posts